PLEASE ANSWER PART "b"

Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $45.28 per share. She expects the price of the stock to rise to $51.69 over the next 3 years. During that time she also expects to receive annual dividends of $3.63 per share. a. What is the intrinsic worth of this stock, given a required rate of return of 9%? b. What is its expected return? a. The intrinsic worth of this stock is $49.10. (Round to the nearest cent.) b. The expected return is%. (Round to one decimal place.)

Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $45.28 per share. She expects the price of the stock to rise to $51.69 over the next 3 years. During that time she also expects to receive annual dividends of $3.63 per share. a. What is the intrinsic worth of this stock, given a required rate of return of 9% ? b. What is its expected return? a. The intrinsic worth of this stock is $49.10. (Round to the nearest cent.) b. The expected return is \%. (Round to one decimal place.)